The boxing legend, who has amassed a fortune exceeding $1.2 billion (AUD $1.84 billion) from his professional career, continues to expand his business empire long after retiring from the sport.
Mr Mayweather confirmed the completion of the deal, sharing photos and videos of himself touring his newly acquired properties.
In a video, he announced, “I lately bought 62 apartment buildings in New York City. All the buildings belong to me, I have no partners. It’s all making power moves.”
Alongside his announcement, Mr Mayweather posted a picture of a trophy commemorating the US$402 million sale.
He captioned the post: “This is just inspiration & motivation for the people who are interested in real estate. Just showing you a little glimpse of my portfolio.”
Since retiring from professional boxing in 2017, Talk Sport reports that Mr Mayweather has continued to generate immense wealth, participating in high-profile exhibition matches against opponents such as Logan Paul and Deji.
He remains vocal about his financial success, recently claiming, “In 32 months, I put myself in a position with a smart business team to make $300 million (AUD $460 million) a month. It all started from the sport of boxing.”
His latest purchase solidifies his position as a major player in the US property market.
